by Shauna Newton | Jan 30, 2025 | Power of Attorney
A durable power of attorney is a legal document that authorizes a named agent to manage the finances of a principal. It enables the agent to interact with banks and institutions where the principal has financial accounts. While it is important to execute a legally...
by Great Plains | Oct 12, 2021 | Blog, Power of Attorney
A key issue in preparing a Power of Attorney, or “POA,” is determining whether it will become effective 1) immediately or 2) only if you become unable to act for yourself. The second option is often referred to as a “springing” POA. A “springing” POA does not become...
